Page 37 - Annual Report 2018

or Vehicle ost
Notes to the nancial statements (continued) At cost
Less accumulated depreciation
39,950 (2,518)
39,950 16
accumulated depreciation
(2,518) (
Motor Vehicle
For the year ended 30 June 2018
37,432
1,651,801 1,312,76,5918,1801 1,327
lwrittendownaTmotoaulnwtrittendownamount
Note 9. Property, plant and equipment (continued)
2018 20127018 2017 $$$$
e 9. PropertNyo, ptela9n.t and ePqroupipemrtey,nptl(acnotnatinduedq)uipment (continued) ements in carryMingovaemoeunttss:in carrying amounts:
d Land
ying amount at Cbaergriyninigngamount at beginning
440,000 167,500
607,500
4404,400,000 440 16-7,500
4406,070,0500 440 6075,9715,0250 607
16-7,750
(16(,1560,05)00) (16
5917,4225,0500 591 285,922
(192,6265,76)65 285 2852,6962,2665 285 (17,782) (19 2(6169(,162765,57)82) (19
248,883 266 2662,4686,5883 266
aluation incremeRnetvaluation increment ying amount at Cenardrying amount at end
eidelberg District Community Enterprise Limited
Heidelberg District Community Enterprise Limited
dings Buildings eidelbergHDeisidtreilcbteCrogmDmisturincityCoEnmtmerupnriisteyLEinmteitrepdriseLimited
otes to the Financial Statements
ying amount at Cbaergriyninigngamount at beginning
Notes to the Financial Statements
591,250 167,750
(16,500)
742,500 266,665
oaltueatisontinocretmheRNnetvoaFlutiaentiosan nitnocreimtahelnetStFaitneamnceinatlsStatements the year ended 30 June 2018
: depreciation eLxepsesn:sdeepreciation expense
for the year ended 30 June 2018
the year endfoerdth3e0 yJuenare e2n0d1e8d 30 June 2018
eyhinogldaimopuronvteamtCenanrdtrsyingamountatend
ing amount at bLegaisnenhinogld improvements ehold improvemLeenatsehold improvements
depreciation exCpaernrsyeing amount at beginning ing amount at bCeagrirnynininggamount at beginning
(17,782)
Less: depreciation expense idnegparemcoiautniotnatexeLpneedsns:sedepreciation expense
266,665 2(1478,78823)
Carrying amount at end ing amount at eCnadrrying amount at end
248,883
and equipment
ing amount at bPelagnintnaingd equipment
13,528 6,189
15,530
3,1431,3528 15
and equipmentPlant and equipment
ions Carrying amount at beginning ing amount at bCeagrirnynininggamount at beginning
13,528
15,153,0528 15
depreciation exApdednisteions ions Additions
(4,231)
(5,461,51)89 3 3,461,3189 3
Less: depreciation expense idnegparemcoiautniotnatexeLpneedsns:sedepreciation expense
6,189 1(45,243816)
(4,231) (5 1(35,5(4421,852)31) (5
Carrying amount at end ing amount at eCnadrrying amount at end
15,486
15,486 13 13,1552,8486 13
or Vehicle
ing amount at bMegoitnonrinVgehicle
16,538 39,950
- 16,1769,6538
or Vehicle Motor Vehicle
ions Carrying amount at beginning ing amount at bCeagrirnynininggamount at beginning
16,538
1-6,538
osals Additions ions Additions
(14,228)
3-9,950 16 16,379,6950 16
depreciation exDpiesnpsoesals osals Disposals
39,950
((1245,82)28) (1-4,228)
Less: depreciation expense idnegparemcoiautniotnatexeLpneedsns:sedepreciation expense
(14,228) 3(47,842382)
(4,828) ( 16(,5(2435,8)28) (
Carrying amount at end ing amount at eCnadrrying amount at end
37,432
37,432 16 16,3573,8432 16
written down amount
1,651,801
1,327,981
Total written down amount written down aTmootaulnwt ritten down amount
1,651,801
1,651,801 1,327 1,312,76,5918,1801 1,327
ompany's land and buildings at Heidelberg were independently valued during June 2018 by Miles Real Estate. The valuation
ted in an incremTehnetctomthpeancayr'srylaingdaamndoubnutilodfintghsealatnHdeiadnedlbbeurigldwinegrseoinfd$e2p5e0n,0d0e0nt(l$y2v2a3lu,2e4d1dnuertinogfJiunncoem20e1t8axb),yrMeciolegsnRiseadl Eastoateh.eTrhe ompany's land aTnhde bcoumildpinangsy'astlaHnedidaenlbdebrugiwldeinrgesinadt eHpeeidnedlebnetrlgy wvaelruedinduerpienngdJeuntely2v0a1l8uebdy dMuirliensgRJeuanleE2st0a1t8e.bTyhMe vilaelsuRateiaolnEstate. The valuation
The company’s land and buildings at Heidelberg were independently valued during June 2018 by Miles Real Estate.
prehensive incomreesuinltethdeinStanteinmcerenmt oefnPtrtofithoercLaorsrsyianngdaOmtohuenrtCofmthperelhanendsaivnedIbnucoilmdineg. s of $250,000 ($223,241 net of income tax), recognised as o ted in an incremrensutltoedthine caanrirnycinregmamenotutnottohfetchaerrlaynindgaanmdobuniltdoinfgtsheofla$n2d50a,n0d00bu($ild2i2n3g,s24o1f $n2e5t0o,f0i0n0co($m2e23ta,2x4),1renceotgonfisinecdoamseothaxe)r, recognised as o
The valuation resulted in an increment to the carrying amount of the land and buildings of $250,000 ($223,241 net of income
10. Intangible assets
comprehensive income in the Statement of Profit or Loss and Other Comprehensive Income. prehensiveincotmacxoe}m,irnepcrtoehgheneSinstesaidtveamsineocntohtemorfecPoinrmotpfhirteohSertnaLsotiesvmseaiencdtomoOfethPirenortfhCiteoomSrtpaLtroesmhseanstdiovOfePtIhrnoec rotmCooremL.opsrseahnednOsitvherInCcompere.hensiveIncome.
accumulated amAtocrtoistation st At cost
Note 10. Intangible assets Note 10. Intangible assets
10. IntangibNleotaess1e0t.s Intangible assets chise fee
st Franchise fee chise fee Franchise fee
50,267 (45,116)
50,267
(40,501,72)67 50
50,267 accumulatedamLeosrst:isaactciounmulatedamortisation (45,15116)
5,151
50,5206,7267 50 (45,116) (40 (490(,47551,071)16) (40
Less: accumulated amortisation
lishment fee
st Establishment fee
5,151 9 9,75,0151 9
lishment fee Establishment fee
70,000 (70,000)
70,000
(70,700,0)00 70
accumulated amAtocrtoistation st At cost
70,000 (70,0-00)
70,700,000 70 (70,000) (70 (70(,70-0,0)00) (70
Less: accumulated amortisation accumulated amLeosrst:isaactciounmulated amortisation
10. Intangible assets (continued)
Heidelberg District Community Enterprise Limited
2018- $
- 2017 - -
Note 10. Intangible assets (continued) 10. IntangibNleotaess1e0t.s (conIntitnaunegdib)le assets (continued)
$2018 2017 20127018 2017
wal processing fee
$ $
15,486
15,486 13
(4,828)
13,528
16,796
(258)
16,3573,8432 16
2018 $$$$
35.
valuation
946,881 285,51 908,4
494,491 599,13 853,5
selbaviecer rehto dna edarT .8 e selbaviecer e
040,902
748,132
000,044
005,706
91 91
dnal dloh tso
000,066 )057,86(
005,247 -
sgnid tso
052,195
005,247
735,605 )278,932(
735,605 )456,752(
stnemevorpmi dlohe tso
566,662
388,842
505,98 )779,57(
496,59 )802,08(
tnempiuqe dna t tso
825,31
684,51
697,61 )852(
059,93 )815,2(
elciheV ro tso
835,61 189,723,1
234,73 108,156,1
noitaicerped detalumucca tnuoma nwod nettirw l
8102 $$
)deunitnoc( tnempiuqe dna tnalp ,ytreporP .9 e :stnuoma gniyrrac ni stneme
7102
000,044 000,044 - 005,761
d gninnigeb ta tnuoma gniy
000,044 005,706
tnemercni noitaula dne ta tnuoma gniy
057,706 052,195 - 057,761
sgnid gninnigeb ta tnuoma gniy
)005,61( )005,61( 052,195 005,247
tnemercni noitaula esnepxe noitaicerped :
stnemya slaurcca dna selbaviecer re
tnempiuqe dna tnalp ,ytreporP .9 e sgnidliub dna d
noitaicerped detalumucca
noitaicerped detalumucca
noitaicerped detalumucca
dne ta tnuoma gniy